Entertainment: Diddy tops Forbes' 'Richest in Hip-Hop 2017’ list with net worth of $820 million

Forbes released Wednesday its 2017 list of Hip-Hop’s Wealthiest Artists – these five artists have a combined net worth of approximately $2.57 billion.

Diddy (No.1) retains his top spot as the richest artist in Hip-Hop, closing in on billionaire status on account of his lucrative deal with Diageo’s Ciroc, as well as huge stakes in TV network Revolt.

The financial news outlet estimates his net worth to be $820 million, marking his seventh consecutive year on top of the list.

Gates tops world's richest list again but big fall for Trump

Microsoft founder Bill Gates again tops Forbes' list of the world's richest people, in a year when the number of billionaires rose 13% to 2,043.

According to the magazine's annual rich list, Mr Gates' fortune rose to $86bn, from $75bn, followed by investor Warren Buffett, up $14.8bn to $75.6bn.

It was bad news for US President Donald Trump, who slipped 220 spots to 544 and must now rub along on just $3.5bn.

Forbes said the $1bn fall in his wealth was due to the slow US property market.